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Transferring ISA's
sbtar
Posts: 6 Forumite
Hello all. What are the rules on transferring ISA's? I have a standard easy access ISA and a stocks and shares ISA, which I opened this year. Can I transfer into a new ISA even though I have used up my allowance for this tax year?
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Comments
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I've asked for this to be moved1
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There's a limit to how much new money you can pay into a new or existing ISA every year. But transferring an existing ISA to another one doesn't count against that limit. If you think that an ISA is under-performing, you can move it to another as often as you like.Make sure you transfer the ISA. Don't withdraw the money and then try to pay it into another ISA.If it sticks, force it.
If it breaks, well it wasn't working right anyway.0 -
Moved as requestedOfficial MSE Forum Team member. Please use the 'report' button to alert us to problem posts, or email forumteam@moneysavingexpert.com0
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MSE_ForumTeam5 said:Moved as requested0
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jnorth55 said:MSE_ForumTeam5 said:Moved as requested0
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refluxer said:jnorth55 said:MSE_ForumTeam5 said:Moved as requested
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